Santo Domingo.- The Hong Kong-based HAYCO Group, a fully integrated manufacturing conglomerate, opened an environmentally conscious manufacturing and production plant in the country on February 28.
Dominican Republic president Danilo Medina, HAYCO CEO, Donald Hay, and executive director, Christopher Hay attended the opening ceremony.
The 17,280 sq. meter plant, located in Zona Franca Industrial Las Américas, in Santo Domingo, was built at a cost of over US$60 million. It will manufacture a range of products for global multinational companies, including Procter & Gamble.
“The opening of this modern plant is the culmination of almost six years of planning and construction. Transferring our culture, developed in China during the last 35 years, some 15,000 km away to the Caribbean was a huge challenge for our management team, and I am pleased to congratulate you on a job well done,” hay said.
The new factory, which currently employs around 1,000 people, complements the Group’s operations in China, where it has established three manufacturing facilities in Shenzhen in the last 35 years, benefiting some 3,500 people.